Canada says too soon to open big telecoms to foreign investors

OTTAWA, March 7 (Reuters) - Canada said on Thursday it was
too early to talk about lifting foreign ownership restrictions
on large telecommunications firms, and public consultations
would have to be held before seriously considering such a move.

"What we understand is that we would have to hold public
consultations. We're not there yet," said Industry Minister
Christian Paradis, following an announcement on the date and
rules for an auction of prized 700 MHz spectrum.